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Beginning February 1, 1991, and every 3 years thereafter on | | February 1st, the Bureau of Parks and Lands shall issue to the | | joint standing committee of the Legislature having jurisdiction | | over taxation matters a report based on an analysis of data | | according to this section. The Boating Facilities Fund must be | | used to fund the costs of this activity. |
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| | | Currently, there is a statutory cap of $2,000,000 on the 2% of | | revenue generated by the sales tax on gasoline sold to motorboat | | users that is dedicated to the Department of Marine Resources for | | research and development and to the Bureau of Parks and Lands | | Boating Facilities Fund. This bill removes that cap and will | | allow the full 2% of the total "gasoline tax" revenue paid by | | motorboat users to go to these dedicated funding sources. |
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